Wednesday, 14 December 2016

Professor Niall Ferguson now admits that he was wrong in opposing Brexit. Not many academics of his stature are prepared to admit that they erred. Having read Ferguson´s recent column in the BostonGlobe, I admire his honesty:

The three words you are least likely to hear from an academic are “I was wrong.” Well, I was wrong to argue against “Brexit,” as I admitted in public last week. By this I do not mean to say “I wish I had backed the winning side.” Rather, I mean “I wish I had stuck to my principles.”For years I have argued that Europe became the world’s most dynamic civilization after around 1500 partly because of political fragmentation and competition between multiple independent states. I have also argued that the rule of law — and specifically the English common law — was one of the “killer applications” of western civilization.